Nigeria’s Oil Industry Receives $2.9bn CBN Allocation

The Central Bank of Nigeria has disbursed a total of $2.97 billion to oil industry participants for the import of petroleum products and other associated items into the country. The amount released between 2022 and the first quarter of 2024 comes against the backdrop of Nigeria’s considerable energy crisis, fuel shortages, and marketers’ insistence on … Continue reading Nigeria’s Oil Industry Receives $2.9bn CBN Allocation